Marketing Fundamental Assignment Example | Topics and Well Written Essays - 750 words

Marketing Fundamental - Assignment ExampleTarget trade and market cleavage is one of the important marketing fundamentals. It is important for the art organizations to segment their products and services harmonise to the characteristics of tush market. Business organizations generally develop several marketing strategies according to the age, gender, location and behaviour of the customers. Effective and appropriate target market strategy can attend an organization to develop strong and potential customer and business client base. In addition to this, it is important for the organization to control several business mental process cost in order to maximize business improvement margin. Lack of effective operational cost control strategy may result significant loss which can hamper entire business operation and productivity. Brand management and brand building strategies are considered as other important marketing fundamentals. It is true that high brand image motivate the target customers to buy or consume the products. Strong brand building strategy helped an organization to secure an intangible asset that helps to attract the customers of various cultural backgrounds towards the brand. luxuriant market research is important for the organization to develop a new brand or a product. It is highly important for the organizations to plan several marketing activities according to the competence of products and current market demand. Last but not the least it is essential for the marketing managers to judge the performance of products. and services through the help of product life cycle matrix. It is the most important marketing fundamental strategy that